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The transition from physical to digital payments is being rapidly accelerated by the COVID-19 pandemic to ensure health and safety.
“there is no question right now that you will see an acceleration of the demise of cash. Last year, you had over 18 trillion dollars of cash spent at retail. Eighty-five percent of the world's transactions today are done in cash still. But the really big change right now towards digital payments”
TED · Jul 2020 · 1 episode · 70K views on this topicExtracted by a model; may misattribute who said what.